Pair-Specific Forex Tool
EUR/GBP Pip Calculator
Calculate the value of one pip and the total pip value for EUR/GBP. The calculator opens with EUR/GBP selected and keeps lot size, lot type, pips, account currency and conversion rate editable.
Lot size is multiplied by the selected lot type.
No conversion needed: GBP is the quote currency and your account currency.
For non-quote account currencies, enter the conversion rate you want to use, or use the optional latest indicative FX rate. Uses latest indicative FX rates. Broker/platform prices may differ.
EUR/GBP pip value example
EUR/GBP is quoted in GBP. For a GBP account, 1 standard lot is 10 GBP per pip because 100,000 units x 0.0001 = 10 GBP.
EUR/GBP is a cross pair, so conversion may be needed if your account currency differs from the quote currency. If you enter 20 pips, the quote-currency total is 10 GBP x 20 = 200 GBP before costs.
How this calculation works
For EUR/GBP, GBP is the quote currency and the typical pip size is 0.0001. Position units = lot size x lot type units. Pip value in quote currency = position units x pip size.
If your account currency is not GBP, the calculator uses the conversion rate and direction you enter. Total value = pip value per pip x number of pips.
Related pip calculators
EUR/USD Pip Calculator
GBP/USD Pip Calculator
EUR/JPY Pip Calculator
GBP/JPY Pip Calculator
Main Pip Value Calculator
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